Ondo Finance Announces New Token, OMMF, Providing Tokenized Exposure to US Money Market Funds, Targeting $100 Billion Stablecoin Market

Written by PR Newswire

GREENWICH, Conn., April 13, 2023 /PRNewswire/ -- Ondo Finance today announced a novel token, OMMF, that allows global stablecoin holders to invest in tokenized exposure to US money market funds. OMMF will be purchasable and redeemable for one dollar and backed entirely by US government money market funds. Unlike traditional MMFs, OMMF will be...

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